Alaskan utility customers may soon find a pleasant surprise in the form of loans. For energy efficient upgrades and adding renewable energy systems, they will be paid back through their monthly bills. Known as “on-bill financing,” this is already done throughout the country. Gov. Bill Walker signed a bill into law to suspend service toRead more

No one wants to deal with taking out a mortgage loan and having it denied. Recently the Urban Institute calculated real denial rates to determine which mortgage loans are denied most often. Government-backed loans get denied less than conventional loans. Forbes reported that “conventional loan applications are denied almost 50% of the time, versus just overRead more

For those who built a home rather than bought an existing one, you might notice that traditional mortgages aren’t applied. Instead, you’ll likely have to get a construction loan. But what is a construction loan, you may be wondering? They’re high-interest, short-term loans that cover the costs of building or rehabilitating a home. They’re basedRead more

There are three requirements of what makes up public service loan forgiveness for student loans. According to CNBC, it’s the following. They have to federal direct loans. Employers must be government level organizations, a 501(c)(3) not-for-profit, or another type of nonprofit that provides public services. You will have had to make 120 on-time payments. Continue toRead more

Let’s start with this…it’s the LAW! Most states require drivers to carry some type of car insurance to prove that you can pay for potential accident expenses. Even if your state does not require you have to car insurance, here are some other reasons why you should: 1. It’s risky – Accident costs are expensive,Read more

Time to refinance your car…or maybe it isn’t? Check out our three reasons it’s time to refinance your car below: 1. Your credit score has improved – When you first bought your car you had no credit history or you had some eye opening issues on your credit report, but now everything is looking good.Read more

Life insurance is important to have because it protects your loved ones from financial burden in the event of your death. But, you may be wondering how much life insurance you need. Frankly, insurance can get expensive, so you don’t want to be paying for more than you need. The best way to figure outRead more

If you’ve been in a car accident, you might be wondering how it could affect your credit score. Car accidents can cost up to $44 billion in medical care and lost work, but that doesn’t include property damage, injuries, and other more permanent side effects. While car accidents don’t directly affect your credit score sinceRead more

If you’re considering making a big purchase, you might be thinking of putting it on your credit card. But is this the best move for you financially? It’s easy to keep up with small purchases that you can easily pay off, but the large purchases are the ones that add up after a while andRead more

Good drivers, rejoice: It’s likely easier for you to find a cheaper auto insurance premium! Insurance companies want to work with good drivers and promote safety on the road, so it only makes sense that they’ll want to partner with people don’t have any marks on their driving records. These are the different types ofRead more